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Volkswagen CEO aims to cut 100,000 jobs in major overhaul, Manager Magazin reportsVolkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...- Why are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise again? Market reacts to Iran peace deal hopes and rate concernsWhy are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise ag...
- Volkswagen labour leaders stand by 'red line' on plant closuresIn a firm stand against potential factory closures in Germany, Volkswagen's labor representatives have voiced their commitment to preservin...
- 25 equity MFs deliver over 25% in April; Nippon India Taiwan Equity Fund tops list. Will momentum continue in May?Equity mutual funds saw strong performance in April 2026. Nearly 25 funds delivered over 25% returns, led by sectoral and thematic options....
- Tesla says to add 1,000 jobs in GermanyElon Musk's automotive and robotics company Tesla said Thursday that it would hire more than 1,000 people in Germany, a rare bright spot in...
- Tesla files complaint against union member for secretly recording works council meeting, memo showsTesla has filed a criminal complaint against a member of Germany's IG Metall trade union for secretly recording a works council meeting th...
- Strikes to hit Volkswagen in December as clash with labour escalatesVolkswagen workers in Germany could go on strike as early as next week, with the IG Metall union warning of "necessary" walkouts starting f...
- Volkswagen union warns against plant closures, backs $1.6 billion cost cutsThe proposal comes a day ahead of a third round of crunch talks between workers and management over pay cuts and factory shutdowns in Germa...
- Porsche staff to join wave of strikes in key German industriesPorsche staff in Stuttgart will join strikes by workers in Germany's electrical engineering and metal industries on Tuesday to demand highe...
- [Ting, tong] Hello, are you really ill?Tesla's Berlin gigafactory faces criticism for requiring home visits by bosses to verify employee sick leave, leading to accusations of a '...
- Volkswagen scraps decades-old German job security pact, says unionVolkswagen has informed IG Metall that it is ending several labor agreements, including job guarantees until 2029 at six German plants. Thi...
- Tesla Germany staff to elect new council to gain control over work conditionsThe elections for the new works council, to be held on March 18-20, are aimed at filling 39 seats, according to IG Metall, the top German t...
- Ford to cut up to 3,200 jobs in Europe, union says, vowing a fightFord plans to cut up to 3,200 jobs across Europe and move some product development work to the United States, Germany's IG Metall union sai...
- Inflation in Eurozone slows as energy prices ease, but officials remain waryAfter months of soaring from one high to the next, energy prices showed signs of slowing, as stocks of natural gas across the European Unio...
- Volkswagen clinches wage deal with Germany's IG Metall unionThe deal with IG Metall, struck after 14 hours of negotiations in what was the fifth round of talks, will see salaries rise by 2.3% from Ja...
- Volkswagen's labour chief rules out four-day week to save jobs amid Covid-19 outbreakGermany's largest trade union IG Metall on Aug. 15 proposed negotiating for a transition to a four-day week across industry to help secure ...
- German conglomerate Thyssenkrupp to scrap 3,000 steel jobsThe elevator-to-submarines group said it had reached a deal with Germany's powerful IG Metall union to cut 2,000 jobs over the next three y...
- Thyssenkrupp labour leaders see progress in Tata Steel joint venture talksLabour representatives of Thyssenkrupp moved closer to an agreement with management over a planned European steel joint venture with Tata S...
- A strike is brewing in Tesla factoryGermany's industrial trade union IG Metall are calling for a worker strike at Grohmann Engineering, the German engineering company Tesla bo...
- Strike averted in German industrial sectorGermany's leading industrial union IG Metall says it has agreed to accept a 4.2 pay rise over the next 18 months and will not go on strike.
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